Milo hit .70 over today.

[Jed Stivers]

Basis up to .70 over for delivery through October now.

[wrightcattle]

has already bought 96% of ALL the USA's projected milo exports for the 2014 /2015 marketing year.

We're just 6 months into the marketing year at this point.

i think the usda projected say 300 million bu of milo exports....china already has bought 288 million bu.

also it is confirmed that china has contracted several million bu of the 2015/2016 market year crop now..

[Jed Stivers]

They are bad about canceling though.

[wrightcattle]

How much milo do think they've Ever cancelled?

[Hobbyfarmer]

Hard to have a record of canceling something you haven't bought before.

[wrightcattle]

folks don't cancel stuff like that.

jeez hobbyfarmer, they've bought bout everything for the past 2 years now.

[juliedavis91849]

Cut "cancel"...overused and anticipated

Insert "limit"...a functional word

so let's try it out-

China to "limit" grain imports to 11 MMt..hmmm

Let's try this thought again...

China to "limit" MILO and barley grain imports in 2015 to 4.3 mmt..

ja, cut, paste...

wash....rinse